It has been less than a year since the U.K. introduced an incentive for high end television and it has apparently been a smashing success. A Hollywood Reporter story this week detailed production statistics that show the tax breaks delivered more than $386 million (£233 million) to the British economy in their first nine months in operation.http://www.hollywoodreporter.com/news/uk-tv-tax-credit-injects-675598

Love them or hate them, this next article is proof that tax credits are entrenched enough to facilitate their own ancillary business. The L.A. Times below reports that Moss Adams, one of the U.S.'s largest accounting firms, has launched an online exchange for trading film and other tax credits. It notes that Georgia, Louisiana and a dozen other states allow tax credits to be sold to third parties, enabling filmmakers to cash in credits they may not otherwise be able to use, while giving buyers savings on their own tax bills.http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-moss-adams-20140130,0,5123304.story#axzz2ruqTcmJh